Arlo Technologies (ARLO)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -30,504 | -24,951 | -21,632 | -17,435 | -22,036 | -44,883 | -58,198 | -62,392 | -56,626 | -41,263 | -42,026 | -53,789 | -56,029 | -64,447 | -66,708 | -72,644 | -101,251 | -66,426 | -79,557 | -83,993 |
| Total assets | US$ in thousands | 298,400 | 312,375 | 295,806 | 289,762 | 390,338 | 297,637 | 269,021 | 257,083 | 272,201 | 331,216 | 299,678 | 311,790 | 347,490 | 333,326 | 330,781 | 347,194 | 413,968 | 388,899 | 389,957 | 410,176 |
| ROA | -10.22% | -7.99% | -7.31% | -6.02% | -5.65% | -15.08% | -21.63% | -24.27% | -20.80% | -12.46% | -14.02% | -17.25% | -16.12% | -19.33% | -20.17% | -20.92% | -24.46% | -17.08% | -20.40% | -20.48% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-30,504K ÷ $298,400K
= -10.22%
Over the past few years, Arlo Technologies has experienced fluctuating ROA figures, with values ranging from -5.65% to -24.46%. The return on assets ratio indicates the company's ability to generate profits from its assets. A negative ROA signifies that the company is not efficiently utilizing its assets to generate earnings.
The trend in Arlo Technologies' ROA shows some improvement in recent periods, with the ratio moving from more negative values towards less negative figures. However, it is important to note that the company's ROA remains in negative territory, indicating ongoing challenges in generating profits relative to its asset base.
Further analysis of the company's operational efficiency, profitability, and asset management practices may provide insights into ways in which Arlo Technologies can improve its return on assets and overall financial performance.
Peer comparison
Dec 31, 2024